Written answers

Thursday, 16 July 2015

Department of Finance

Deposit Guarantee Scheme

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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179. To ask the Minister for Finance the amount of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [29809/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Central Bank of Ireland is responsible for the operation of the Deposit Guarantee Scheme (DGS), which covers licensed credit institutions operating in the State. 

The DGS covers deposits up to €100,000 per eligible depositor per credit institution. The amount of covered deposits currently stands at approximately €87bn.

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